Fall 2014 Semester Report - Goizueta Finance Groupgoizuetafinancegroup.org/wp-content/uploads/2015/... · Resume Help Industry Overviews Interview Prep Invest Educational Seminars

LIFTOFF Fall 2014 Semester Report

“The Goizueta Finance Group exists to drive

coordination and collaboration among the

finance extra-curricular organizations at

Goizueta in order to deliver robust

programming that will engage, challenge

and prepare BBAs for futures in finance.”

1

Goizueta Finance Group

Contents

GFG Overview 2

Fall 2014 Accomplishments 7

Plans for Spring 2015 11

Group Highlight: IB Academy 13

Letter from the Board 14

This semester marked the launch of the

Goizueta Finance Group, the parent

organization of four student-run,

undergraduate finance groups…

…and we are off to a

great start.

Pre-Finance Society

Goizueta Finance

Academies

Goizueta Investment

Management Group

Alternative Investments

Group

2


At a High Level

Goizueta Finance Academies

The Goizueta Finance Academies are three preparatory programs designed to help

equip students with the skills needed to obtain a summer internship in a certain

sector of finance. Our programs include:

Investment Banking Academy (IBA)

Sales & Trading Academy (STA)

Private Banking Academy (PBA)

Goizueta Investment Management Group (GIMG)

GIMG is an undergraduate, student-managed investment fund managing a portion of

Emory’s endowment in a long-only, U.S. equity portfolio. In addition to our

investment activities, we are extremely passionate about bringing greater financial

literacy to underserved youth in the Atlanta area.

Alternative Investments Group (AIG)

The Alternative Investment Group is tasked with educating and engaging students in

the areas of hedge funds, venture capital and private equity. The group holds

educational seminars, guest speakers and competitions to accomplish this objective.

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Through a partnership with the Pre-Business Society, the Pre-Finance Society is an

organization aimed at educating freshmen and sophomores who are interested in

learning more about the finance industry.

Pre-Finance Society (PFS)

Competitions

Networking

Events

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What do our clubs do?

Community

Involvement

Resume

Help

Industry

Overviews

Interview

Prep

Invest

Educational

Seminars

Market

Discussions

Guest

Speakers

Mentorship

Programs

Financial

Modeling

What are our objectives?

Never stop learning, and never stop teaching.

1 Foster peer-to-peer mentorship.

2 Engage with professionals and alumni.

3 Provide hands-on, practical experiences outside of class.

4

Create a best-in-class undergraduate finance experience 5

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GF

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Aaron Weiner (Chair)

Senior, Centerview Partners

President, IB Academy

Co-President. GIMG

Paul Kagan

Junior

Director of Operations

Priya Reddy

Sophomore

Co-Pres., Pre-Finance Society

Josh Kramer

Senior, J.P.Morgan

Co-Pres., Priv. Banking Academy

Sumaali Chheda

Junior

Co-Pres., Pre-Finance Society

Alex Fields

Senior, Perella Weinberg

President, AIG

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Julianna Schneider

Junior

Director of Marketing

Aakash Parlecha

Senior, EY

Co-President, GIMG

Gen Ishikawa

Senior, J.P.Morgan


Bruce Rubin

Senior, J.P.Morgan


GF

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oa

rd

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Dhananjay Somani

Senior

Director of Media

Jared Cohen

Senior, Barclays HY Trading

President, S&T Academy

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Pre-Finance Society Group Overview

Established this semester, PFS is an organization aimed

at educating freshmen and sophomores who are

interested in learning more about the finance industry.

The group operates in partnership with the Pre-

Business Society in the Emory College and holds open

events introducing the industry, potential careers and

current events. The PFS “dual mandate” is as follows:

Fall 2014 Accomplishments

Priya Reddy

Sophomore

Sumaali Chheda

Junior

Acquaint underclassmen with the world of finance to provide a better

understanding of whether or not they want to pursue it.

Guide and prepare those who do want to explore opportunities in finance so

that they are well positioned for success.

1

2

The Pre-Finance Society

Kickoff had 51

underclassmen attendees.

General introduction to PFS

and scheduled events; led by

PFS leadership.

Goal: provide students with

an overview of finance,

introducing basic theory,

lingo, and industry structure

General Body Meeting

Official introduction and

basic overview of finance

and the major sectors.

Led by finance faculty

Professor Green and

Professor Valerio.

Goal: acquaint students with

the purpose of finance and

initiate fluency in the

different sectors.

Finance 101 & Deep Dive

Introduction to current

events and the importance

of reading periodicals.

Led by juniors and seniors

with interview experience in

markets and current events.

Goal: inspire students to

gain market literacy and

remain up-to-date on

current events.

MarketWatch

74

Leadership

Facilitated the process of connecting underclassmen with upperclassmen.

Familiarized students with other membership and leadership opportunities within GFG.

Supplied freshmen and sophomores with basic tools for understanding finance.

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Goizueta Finance Academies Group Overview

Established this semester, the Goizueta Finance

Academies are a series of weekly, senior-led seminar

programs designed to guide underclassmen through

the summer recruiting process. We currently offer

Academy programs for:

The Academies cover topics like:

Aaron Weiner

Senior

Alex Fields

Senior

Investment Banking Academy

Jared Cohen

Senior

Sales & Trading Academy

Josh Kramer

Senior

Gen Ishikawa

Senior

Private Banking Academy

Bruce Rubin

Senior


Key Accomplishments

All programs held weekly seminars to provide

guidance on the summer recruiting process

IBA held the 2014 IB Challenge, a case competition

where teams advise on a potential acquisition

STA held the 2014 Trading Simulation, a virtual

trading experience mimicking the work of traders

Investment

Banking

Sales &

Trading

Private

Banking

Industry Overview

Networking

Resume Help

Interview Preparation

Analyst Lifestyle

Current Events

200+ Initial Enrollment

15 Senior Mentors

Testimonials

“[This] is one of the primary reasons I have an offer.”

“The interview prep kept me on track.”

“[The seniors] are incredibly dedicated to helping us.”

Leadership

9


GIMG Group Overview

Founded in 2011, GIMG is a student-managed

investment fund that manages a portion of Emory’s

endowment in a long-only, U.S. equity portfolio. In

addition, the group is passionate about bringing

greater financial literacy to underserved youth in the

Atlanta area. Aakash Parlecha

Co-President | Senior

Aaron Weiner

Co-President | Senior

Connor Stark

CIO | Senior

Ethan Anderson

COO | Junior


This semester, GIMG saw the largest number of applications since inception

We published a proprietary financial literacy curriculum for use in our community programs

We joined Kennesaw State, Georgia Tech and the University of Georgia as a founding school of

The Southeastern, a new publication with the cooperation of regional student-managed funds

We are developing a proposal to raise a second, non-equity fund to expand GIMG’s capabilities

13 26

42

81

16 19 25

43

2011 2012 2013 2014

# of Applications

Total Members

Student interest in GIMG continues to grow.

(10%)

10%

30%

50%

70%

90%

Sep 2011 Sep 2012 Sep 2013 Sep 2014

S&P 500 GIMG

43.8%

75.3%

Cash, 5.8%

BABA, 4.8%

AXP, 5.3%

AAPL, 4.1%

BGS, 1.9%

DAL, 2.7%

DEO, 5.4%

FB, 3.5%

GE, 4.0%

GOOGL,

2.0% GOOG,

2.0% IWR, 9.4%

LVS, 3.0% LAD, 3.6%

MNKD, 1.7% PAG, 3.1%

RHHBY,

2.5%

SLB, 4.3%

SPY, 14.4%

TTWO,

5.2%

BA, 2.8% WBA, 3.8%

WFC, 4.6%

Cumulative Performance Current Holdings

Note: Market data as of close on January 2, 2015

Leadership

10


Alternative Investments Group Group Overview

AIG is Goizueta’s extra-curricular organization

dedicated to engaging and educating students in the

private equity, venture capital and hedge fund

industries. The group holds educational seminars,

guest speakers and competitions to do so. The group

was founded in 2007 and is now reincorporated

under the GFG umbrella.

Alex Fields

President | Senior

Haoyu Li

VP | Senior


Educational Seminars

We strive to give undergraduates exposure to the major areas of alternatives by holding

introductory seminars taught by professors. This fall, we held:

HF 101: Introduction to Hedge Funds

PE 101: Introduction to Private Equity & Venture Capital

Guest Speakers

In partnership with the Emory Center for Alternative Investments, students were able to get

exposure to some notable practitioners in the world of alternatives, including:

David Bonderman (Founding Partner, TPG Capital)

Neal Aronson (Managing Partner, Roark Capital Group)

Paul Brown (CEO, Arby’s—Arby’s is a portfolio company of Roark)

Competitions

We hosted the 2014 Hedge Fund Competition this fall, where 10 teams virtually traded $10M

for 10 weeks based on a strategy of their choosing.

93 mailing list members recurring members 30

Leadership

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Plans for Spring 2015 Group Wide Goals

Maximize student awareness and participation

Develop a GFG-wide community involvement effort

Organize and engage our finance alumni base

Now that we’re up and running, we want to fully utilize the benefits of shared resources

among our programs. Collectively, we hope to serve as the principal extra-curricular outlet

for students pursuing futures in finance. In order to do so, we hope to strengthen GFG

awareness throughout the Goizueta community. In addition, we would like to leverage

GIMG's current community involvement success to create a

GFG-wide mission and spirit of giving back. Finally, we would

like to continually strengthen our relationships with

alumni and industry professionals.

12


Pre-Finance Society Goizueta Finance Academies

GIMG AIG

Continue to involve underclassmen in the

world of finance; expand mentorship

Start exposing students to membership

and leadership opportunities in other

GFG programs

Help students complete the summer

recruiting process and sign an offer

Transition focus to “on-the-job” skills

(e.g., Bloomberg, FactSet)

Share keys to obtaining a full-time offer

Explore new outlets to amplify returns

Expand coverage of industry trends and

publish whitepapers

Continue growing our financial literacy

efforts and set precedent for other GFG

programs to follow suit

Organize the 2014 Buyout Competition

(a private equity case competition)

Expand seminars to include basic

modeling (e.g., LBO models)

Bring in new industry practitioners to

share their insights and experiences

We are continuously re-evaluating our programs to

ensure that we are best serving the needs of our

members. This includes maximizing our value-add while

broadening our membership base. Furthermore, we are

working toward increasing opportunities for

faculty involvement in our events.

0 0 0

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1 2 3 4 5

Helpful Helpful

Average = 4.7

Academy Rating 2014 IB Challenge

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Group Highlight: IB Academy The Investment Banking Academy—one of the three Goizueta Finance Academies—is a weekly,

senior-led seminar program designed to guide underclassmen through the Investment Banking

summer recruiting process and help them prepare for their summer internships. The group

provides an overview of the industry, extensive interview preparation and tips for networking

and navigating their internship search.

Membership

142

51

Total

Enrollment

Average

Attendance

Summer 2015 Offers

Offer Conversion Networking Response Rate

62%

80

24

8

15

0 0

1st Rd. Superday Offer

Class of 2016

Class of 2015

Case

Advise Coca-Cola’s Board of

Director’s on their proposed

acquisition of The WhiteWave

Foods Company

Participants

17 undergrad teams, 9 alumni

judges from regional investment

banking and private equity firms

Note: Data reflects survey results of 39 IB Academy members as of December 10, 2014. Class of 2015 data reflects best estimates.

1st Place: “Great Wall Advisors”

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D E A R M E M B E R S O F T H E G R E AT E R G O I Z U E T A C O M M U N I T Y ,

In Spring 2014, the Presidents of Goizueta Investors, GIMG and AIG came together to

address several shared concerns about the existing finance extra-curricular experience,

such as redundancies and gaps in programming, insufficient personnel and succession

issues, and overlapping event scheduling and marketing efforts.

The Goizueta Finance Group was formed this semester to serve as a parent organization

that drives coordination and collaboration among Goizueta’s four finance extra-curricular

programs—the Pre-Finance Society, Goizueta Finance Academies, GIMG and AIG. While

each group maintains its distinct mandate and structure, all groups are now able to share

functions such as marketing and event planning, collaborate on events, and identify

opportunities to strengthen the overall finance extra-curricular experience. We have seen

that this reorganization has already allowed each group to better serve the student body.

It is our objective to contribute to developing a stronger, more fundamentally-sound

finance environment for undergraduates to realize their full potential while at Goizueta.

This is a unique opportunity to re-invigorate the student experience in the finance

community, and we would like to invite all who are interested to help make these

ambitions a reality. As we progress through the years, we intend on fully leveraging the

benefits of our structure to strengthen the opportunities for undergraduate extra-

curricular involvement.

We are committed to delivering our best efforts in every undertaking, and we are excited

for what the future holds. Thank you for your support of the Goizueta Finance Group

family during our inaugural semester.

BOARD OF D IRECTORS

GOIZUETA FINANCE GROUP

G O I Z U E T A F I N A N C E G R O U P

A L E T T E R F R O M T H E B O A R D

© 2014 Goizueta Finance Group

www.GoizuetaFinanceGroup.org

Contact Us

www.facebook.com/GoizuetaFinanceGroup

[email protected]

Documents

Fall 2014 Semester Report - Goizueta Finance Groupgoizuetafinancegroup.org/wp-content/uploads/2015/... · Resume Help Industry Overviews Interview Prep Invest Educational Seminars